Bloomberg ETF Analyst: Some 2x Leveraged ETFs Tracking Stocks Have Dropped Over 50%, Expects More Products to Be Terminated

Odaily Planet Daily News Bloomberg ETF analyst Eric Balchunas posted on X platform, stating that the current data on all stocks tracked by 2x leveraged ETFs shows that declines of over 50% persist. Therefore, it is expected that similar product terminations like LCDL may occur, but they will likely happen at intervals unless a black swan event occurs, and the user base of these products does not seem to mind.